Lapels vs Certified Restoration DryCleaning Network Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lapels vs Certified Restoration DryCleaning Network including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Lapels Franchise
Certified Restoration DryCleaning Network Franchise
Investment $86,502 - $710,122$63,650 - $508,850
Franchise Fee $20,000 - $30,000$24,600 - $64,600
Royalty Fee 5%6%-9%
Advertising Fee 2%1%
Year Founded 20001992
Year Franchised 20012001
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K20% of initial franchise fee


Business Experience Requirements

 
Lapels Franchise
Certified Restoration DryCleaning Network Franchise
Experience
  • General business experience
  • Customer service skills
  • -

    Financing Options

     
    Lapels Franchise
    Certified Restoration DryCleaning Network Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Lapels Franchise
    Certified Restoration DryCleaning Network Franchise
    Training One of the greatest reasons for Lapels success is our initial training and ongoing support. We will have you train in our training store and then bring that same trainer out to your store for additional training and support. We will be with you during your soft opening to guide you through the day to day operations. On-The-Job Training: 62 hours Classroom Training: 61 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Lapels Franchise
    Certified Restoration DryCleaning Network Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Lapels

    A Unique Concept in the Dry Cleaning Industry with a Standardized System from Store to Store
     * Image & Store Design
     * Training and Ongoing Support
     * Tested and Proven Marketing Programs
     * In-store Customer Loyalty Programs
     * A Consistent Customer Experience
     * Hours of Operation
     * Store Operations Manuals
     * Lapels Branded Marketing Materials and Supplies
     * Franchisee Participation is Encouraged
     * Point-of-Sale Computer System
     Lapels Dry Cleaning is a recognized name in dry cleaning. When you own our franchise, you benefit from that name recognition, which helps build your business. Lapels Franchising has built a track record of helping our franchisees grow their businesses. We get you started and provide ongoing support regardless of where you're located or what challenges you face. With a Lapels franchise you are in business for yourself but not by yourself. Our corporate team will be right there working with you to assure your success. In addition, you will be working with other franchisees to compare operational procedures and new strategies along the way. Lapels Dry Cleaning has not only pioneered an innovative dry cleaning store concept but has gone one step further with the establishment of trend setting Quality Control and Wholesaler Liaison positions that are filled by Lapels franchisees, the people at the store level who have day-to-day, hands-on knowledge of what the customer wants.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #394 in Franchise 500 for 2020.

    About Certified Restoration DryCleaning Network

     More than a decade ago, CRDN created a category of service that today remains one of the most consistently growing industries that is unaffected by negative economic cycles. Textile restoration serves the large and fast-growing category of insurance claims in household disasters: contents.

    Today, CRDN operates throughout the United States, Canada and the United Kingdom. We serve more than 94% of the population in the U.S. and Canada, as well as all major population centers in the U.K., and our international footprint will continue to grow. We have successfully resolved hundreds of thousands of claims with the best people, technology and processes in the business.

    Insurance carriers seek out national partners that can provide one-stop solutions and that can match their own brand’s sense of scale, breadth and depth. We provide that international scope, reach and leverage while keeping our services very personalized at the local level.

    Simply put, we have spent more than a decade building the brand, technology, processes, infrastructure and team that no individual operator can match. But by joining the best in the industry, the return far exceeds the investment.

    As a company founded by a local operator with 20+ years of uninterrupted growth in the garment care business, CRDN proves everyday that textile restoration enables our members to:

     Leverage investments in plant and equipment; Access a market niche unaffected by negative economic cycles Enjoy greater business stability.

    We’ve had more successes, salvaged more textiles, processed more claims, opened more locations, trained more textile experts, and refined better processes and technology than any network or company in the business. We have already established multiple programs with the world’s largest insurance carriers, and we have defined the industry’s service level agreements with contractors and insurance companies, while the competition plays catch-up.

    All of this and more are reasons we continue to attract new members to the CRDN family each and everyday.

    The total investment necessary to begin operation of a Certified Restoration Drycleaning Network, LLC franchised business is between $63,650 and $508,850. This includes $45,600 to $64,600 that must be paid to the franchisor or its affiliates if you select Payment Plan A and $24,600 to $34,100 that must be paid to the franchisor or its affiliates if you select Payment Plan B. You should consult Items 5 - 7 of the disclosure document for further information concerning the total investment required.